Thailand HR Strategy Playbook 2024

Branching Out: Navigating Strategic HR with a Holistic Lens for Organizational Sustainability

Structure

Within this chapter, we explore the creation of strategic HR themes, rooted in identified business and people challenges. Viewing the organization as a dynamic system of interdependent elements, HR strategies must adopt a holistic perspective to tackle issues and seize opportunities effectively. Neglecting this approach risks resource inefficiency and missed growth prospects. Embracing the VECTOR framework, an evolution of McKinsey's 7S model, which ensures comprehensive consideration of all organizational facets when formulating strategic HR themes. This framework underscores the importance of aligning components, providing a robust foundation for strategic HR planning and execution. .

Strategy

System

Shared Values

Skills

Style

Staff

Vision & Leadership

Culture & Value

Organization

In business vector is an apt metaphor for the coordination and momentum required to build organization capability that survive and thrive in fast and continuously changing environment.

Technology

Employees

Routines

74

Source :, McKinsey,2023

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